Looking ahead September 12th could be pivotal day for two reasons
One thing we talk about in our Investment Survival Workshops is learning to develop a horizon further out than tomorrow. I know that sounds obvious but it's harder to do than you think. Most people…
Greece A Result Of A Greedy Goldman? Nahhhh...
Back in 2001, Greece had a problem. The struggling country's debt levels were simply too high to qualify for admittance to the European Union. While these regulations were in place to protect the…
"You'd Be A Fool To Hold Anything But Cash Now"
Interesting interview with David Stockman the other day. The Ex-White House budget director expresses some extremely strong feelings about the direction this country is headed in the upcoming…
The Roof Has Been Raised: $16.4 Trillion Debt Ceiling
Well, it's looking like the Senate was unable to muster enough votes to reject the newest debt ceiling hike in a 52 to 44 vote. Due to take effect this Friday, we will be looking at a new ceiling…
Charlie…Beyond debt woes, a wider crisis of globalization?
(Reuters) - The crises at the heart of the international financial and political system go beyond the debt woes currently gripping the Western world and to the heart of the way the global economy has…
Berlusconi under pressure as markets lose patience
(Reuters) - Bond markets may be succeeding where political opponents have failed, pushing Prime Minister Silvio Berlusconi closer to the exit and opening up fresh uncertainties as Italystruggles to…
Congress averts default, downgrade fears haunt
WASHINGTON (Reuters) - Congress buried the specter of a debt default by finally passing a deficit-cutting package on Tuesday, but the shadow lingered of a possible painful downgrade of the top-notch…
Will The U.S. Default Before…